AUDUSD weekly outlook
After the break of the long-term uptrend on april, downside momentum has been capped by the 61.8% retrace & median line and with Trumps remarks on the fed & aversion to multiple rate hikes will the down trend of 2018 be temporarily paused or be reversed?
4 hour chart
4 hour chart
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.